Tranche Update on PlumbFast Co., Ltd.'s Equity Buyback Plan announced on August 13, 2019.
August 11, 2020 at 09:55 pm
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From October 1, 2019 to December 31, 2019, the company has repurchased 50,000 shares, representing 0.54% for KRW 152.71 million. With this, the company has completed the repurchase of 190,991 shares, representing 2.02% for KRW 589.22 million under the buyback announced on August 13, 2019.
PLUMBFAST CO., LTD. is a Korea-based company mainly engaged in the manufacture of plastic pipes. The Companyâs products portfolio consists of poly butylenes (PB) pipes such as PB line pipes, PB pipe coils and others under the brand name Dong Yang PB Pipe, as well as polypropylene-copolymer (PP-C) pipes and fittings, among others. It also involves in the manufacture of connectors, air chamber caps, valve sockets, iron socket adaptors, support sleeves, transition sockets and others. Its products are used as structural parts for cold and hot water supply systems, semi-permanent sanitary and heating construction. The Company mainly distributes its products within domestic market.
PLUMBFAST CO., LTD. 